Expedia (EXPE) Offering Possible 7.53% Return Over the Next 3 Calendar Days

This article was originally published on this site

Expedia’s most recent trend suggests a bearish bias. One trading opportunity on Expedia is a Bear Call Spread using a strike $121.00 short call and a strike $126.00 long call offers a potential 7.53% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $121.00 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $4.65 would be incurred if the stock rose above the $126.00 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Expedia is bearish and the probability of a decline in share price is higher if the stock starts trending.

The 20-day moving average is moving down which suggests that the medium-term momentum for Expedia is bearish.

The RSI indicator is below 20 which suggests that the stock is in oversold territory.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here


LATEST NEWS for Expedia

A Bad Hotel Stay (And $9.5 Million From Expedia) Led Him To Revolutionize Hospitality Tech
Mon, 13 Nov 2017 05:50:00 +0000
A crummy hotel stay four years ago led Justin Effron to envision how technology could improve the customer experience in the hospitality industry. With a $9.5 million investment led by Expedia, the result is ALICE, a platform that helps coordinate communication “backstage” for roughly 2,000 hotels.

Priceline’s Increasing Leverage: What You Need to Know
Fri, 10 Nov 2017 14:02:12 +0000
A large part of Priceline’s (PCLN) growth in the past has come from acquiring smaller companies all over the world. It had to raise debt to finance some of these acquisitions.

Expedia CEO: We’re going to become locally relevant on a …
Thu, 09 Nov 2017 19:36:00 +0000
Mark Okerstrom, Expedia president and CEO, speaks to CNBC’s Seema Mody about the state of the online travel industry.

The Story of Uber: How a Snowy Night in Paris Created a $70 Billion Behemoth
Wed, 08 Nov 2017 15:37:00 +0000
Uber’s journey to become the world’s most highly valued private startup.

The Beauty of Bora Bora Without The Cost: South Pacific On A Budget
Wed, 08 Nov 2017 14:11:00 +0000
An American travel expert shares his tips for island hopping the South Pacific without breaking the bank.

Be Sociable, Share!

Related Posts